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Steel / Autos #460746

NBC Evening News for Thursday, Jan 06, 1972
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(Studio) Price war in steel industry at Pittsburgh may be underway. US Steel price cut followed by Armco. Demand for steel down, incorporated auto industry.
REPORTER: John Chancellor

(Detroit) Although G.M. sold more cars in 1971 than ever before, largest dye-casting plant being closed. Styles not changed yearly; plant unnecessary. [Worker sorry plant closing.] [Plant manager, Fred CRIPPS - hopes to be relocated.] (Flat Rock, Mich.) Ford opens plant, most modern in world, with pollution control devices. Replaces plant employing more workers.

Chancellor, John;
Davis, Lou

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